India, Oct. 3 -- The Mumbai unit of the Enforcement Directorate (ED) has filed a charge sheet against businessman Sudhanshu Dwivedi, a relative of a BJP legislator from Madhya Pradesh, accusing him of defrauding a real-estate investor of Rs.95.66 crore through a commodities trading racket.

According to the charge sheet filed before a special court, Dwivedi lured the complainant to invest in commodities by promising high returns and initially delivered supplies to gain trust. He later stopped supplying commodities, including grains, despite receiving full payment. Instead, he allegedly siphoned off the funds to three related firms and then diverted a large portion- Rs.50.84 crore-into personal bank accounts held by himself and family memb...